After costs, if the gap returns to its 7d average, $10k−$49
spread now−0.042%7d average+0.055%fees + slippage, in and out−$39spread needed0.394%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BRENTOIL-PERP-INTX | 96.010 | −0.0024 | get 0.0003% / 1h | 7m 23s | $251K | $783K | 15x |
| Short | Gate BZ_USDT | 95.970 | 0 | get 0.0000% / 8h | 6h 07m | $9.2M | $18.6M | 100x |
Coinbase International BRENTOIL-PERP-INTX
Gate BZ_USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$4.17
- Funding while held
- $0.72
- Slippage, 4 orders
- −$14.44
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$42.89
- Spread needed to break even
- 0.394%
Slippage from Coinbase International: live order book, 32 min ago; Gate: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0024%
- Per $10,000 a day
- +$0.72
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 32 min ago | 2.09 bp | 8.1 bp −$8 | 10.0 bp −$100 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 0.52 bp | 13.7 bp −$14 | 24.2 bp −$242 | 36.8 bp −$3,680 | 50.8 bp −$25.4K |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective95.103cheapest
InjectiveGate95.970+0.912%
OKX95.980+0.922%HTX95.990+0.933%Bybit96.000+0.943%Bitget96.000+0.943%GMX96.005+0.948%
OKX
HTX
Bybit
Bitget
GMXCoinbase International96.010+0.954%
Binance96.012+0.956%KuCoin96.020+0.964%SunX96.020+0.964%Deribit96.030+0.975%Aftermath Perps96.030+0.975%Variational Omni96.043+0.989%Extended96.045+0.991%Ondo Perps96.050+0.996%BloFin96.050+0.996%Lighter96.060+1.006%Aster96.061+1.007%edgeX96.062+1.008%tradeXYZ96.062+1.008%Kraken Futures96.065+1.011%Paradex96.069+1.015%ApeX Omni96.070+1.017%Polymarket Perps96.073+1.020%RISEx96.107+1.056%Hotstuff96.120+1.069%Phemex96.440+1.406%gTrade (Gains Network)96.736+1.717%Vest100.08+5.233%
Binance
KuCoin
SunX
Deribit
Variational Omni
Extended
Ondo Perps
BloFin
Lighter
Aster
tradeXYZ
Kraken Futures
Paradex
ApeX Omni
Polymarket Perps
RISEx
Hotstuff
Phemex
gTrade (Gains Network)
VestBZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −0.945% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Gate BZ_USDTshort | −0.042% | 0.0000% | 8h | $9.2M | $18.6M | 100x | |
| OKX BZ-USDT-SWAP | −0.031% | 0.0000% | 4h | $15.9M | $29.9M | 50x | as long as short |
| HTX BRENTOIL-USDT | −0.021% | 0.0000% | 4h | $284K | $124K | 75x | as long as short |
| Bybit BZUSDT | −0.010% | 0.0000% | 8h | $10.4M | $16.5M | 100x | as long as short |
| Bitget BZUSDT | −0.010% | 0.0000% | 4h | $27.6M | $22.7M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.005% | L +0.0015% / S +0.0046% | 1h | $35K | — | 111x | as long as short |
| Coinbase International BRENTOIL-PERP-INTXlong | 0.000% | −0.0024% | 1h | $251K | $783K | 15x | |
| Binance BZUSDT | +0.002% | 0.0000% | 4h | $144.3M | $458.3M | 100x | as long as short |
| KuCoin BZUSDTM | +0.010% | +0.0100% | 4h | $3.8M | $931K | 50x | as long as short |